Thifd some of the differences. It will create over 3 thousand construction jobs and its stemmed to increase over 3 thousand permanent jobs over years. And also i should be net positive this is going to be net positive in terms of the sales and revenue and were going to be seeing net positive changes for our general fund going forwarding. Its a win, win and let me ask if there are any members from the Moscone Center that point to make any comments. Good afternoon today is the culmination of a year worth of work and so i know that hotels have cast ballot and are here today to represent their views. I want to thank you for your consideration if i have any questions im here to answer that and that was the lady in the resource department. So first if there are any members of the public who wish to speak in sports of the moscone project, each person will have two minutes per person. Hello i live in district 6 and Moscone Center and the south market we if we didnt have this center we want to
Improvements of which the neighborhood and supervisors are interested in it would have padded he safety in that portion of howard pulling so many. Why moscone has a small operating loss the convention does contribute to your offer all fund. It is expect to increase a lot of jobs and under our general fund by neo 17. And thats just some of the direct benefits we are going to see. And as other convention sights increase were not able to track all of the differences. Im happy to support this today and im excited about the changes that will impact your neighbors. It will welcome tourists and particularly seniors. Were happy about the pedestrians safety and underwriters job that our community will have access to and thank you president. We here in budget the committee thifd some of the differences. It will create over 3 thousand construction jobs and its stemmed to increase over 3 thousand permanent jobs over years. And also i should be net positive this is going to be net positive in terms
This reduction. Are there any members of the public who wish to address this item . And without observation this is passes. Madam clerk if you could call not just the two items but items 10 through 12 yes. The board of supervisors has approved to visit on the committee as the whole items 9 through 20. And this is dealing with the Improvement District as the m o monocon district. This provides for the selection and xhurment of the assessments and then items 10 through 12. Item 10 is appropriating 5 hundred and something tickets to expand the project. Item 11 is the ordinance that has to do with participation in the principle amount of 500778. Million. And this is for the trust agreement. Constricting the execution of the notes payable and the assessments to further secure the principle. And then the project to be improved the Moscone Center. Thank you madam clerk. Colleagues ladies and gentlemen the purpose of todays hearing is the establishment of a business Improvement District named
It will create over 3 thousand construction jobs and its stemmed to increase over 3 thousand permanent jobs over years. And also i should be net positive this is going to be net positive in terms of the sales and revenue and were going to be seeing net positive changes for our general fund going forwarding. Its a win, win and let me ask if there are any members from the Moscone Center that point to make any comments. Good afternoon today is the culmination of a year worth of work and so i know that hotels have cast ballot and are here today to represent their views. I want to thank you for your consideration if i have any questions im here to answer that and that was the lady in the resource department. So first if there are any members of the public who wish to speak in sports of the moscone project, each person will have two minutes per person. Hello i live in district 6 and Moscone Center and the south market we if we didnt have this center we want to keep in mind that many people n
Welcome back to the board of supervisors meeting of tuesday february 5, 2013. We have been establishing the Business Improvement and the hearing has been held in closed. I understand is clerk has received the relatives. Now if we could hear the ballot results yes with respect to whether or not there is a objection. For a million total yes votes and whether or not to a form the district is 14. Million or total proposed assessment and the total is 5 hundred and 37 thousand which is 3 point of the total proposed assessments so no there is not a majority of vote. Total proposed assessments in the district is 18. 4 million and total yes, and no votes combined in the 82 percent in the district so, yes there is a majority participation and finally, to the question of is there too thirds support do at least the majority support in levy of the assessment total votes yes cast 14. 3 million total no cast votes 5 hundred and 37 thousand or 6 percent so, yes theres a total of it satisfies the crite